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Feb 20, 2013
02/13
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listen. >> or help the economy, won't create jobs. now, congress allowed this meat cleaver approach to take place. it will jeopardize our military readiness, emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. thousands of teachers and the educators will be laid off. hundreds of thousands of americans will lose access to primary care, and preventive care like flu vaccinations and cancer screenings. >> but if the president warns of devastating consequences, the wall street journal. chris stirewalt is our news power play live and stuart varney is anchor on the fox business network, great to see you both. stu, let me start with you, because we talked with chris a little about this yesterday. i'm interested in your take because the journal points out that this is a small percentage overall in spending and they say if you look at the history of spending in this country, after world war ii, they say federal spending went from 42% of the gross domest
listen. >> or help the economy, won't create jobs. now, congress allowed this meat cleaver approach to take place. it will jeopardize our military readiness, emergency responders like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. thousands of teachers and the educators will be laid off. hundreds of thousands of americans will lose access to primary care, and preventive care like flu vaccinations and cancer...
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Feb 20, 2013
02/13
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it's not just the economy that will suffer from the looming cuts next week. that's march 1st. national security will as well, and it's seriously at risk. >> already the threat of these cuts has forced the navy to delay an aircraft carrier that was supposed to deploy to the persian gulf, and as our military leaders have made clear, changes like this, not well thought through, not phased in properly, changes like this affect our ability to respond to threats in unstable parts of the world. >> governor rendell, i just wonder what you think would be the situation, the scenario, if it comes to this. we pick up our paper someday, and the newspaper said, carrier group can't make it to persian gulf for lack of funding. i mean, i just wonder if we're ready to face something -- i don't think we ever faced that in world war ii, in korea, in vietnam where we're unable to fight the wars we're in. >> chris, overall it's an incredibly bad situation for the country, and we can argue over who deserves the blame for this, and there's probably blame to go around, but right now the republican par
it's not just the economy that will suffer from the looming cuts next week. that's march 1st. national security will as well, and it's seriously at risk. >> already the threat of these cuts has forced the navy to delay an aircraft carrier that was supposed to deploy to the persian gulf, and as our military leaders have made clear, changes like this, not well thought through, not phased in properly, changes like this affect our ability to respond to threats in unstable parts of the world....
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Feb 20, 2013
02/13
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this is what drives the economy. >> absolutely that is what drives the economy. place like lowe's, home depot, they're selling other commodities other than lumber. their sales can be up by selliig other products which are not related to lumber. >> they're trading those. leave you with the stock board of the home builders. they're trading today, ashley, the headline, which is us whoing starts down. i tell you, i think there is lot more to be optimistic about in there, even though you're seeing red on the board for homebuilders. ashley: something indeed. jeff flock, as you say up close and personal, on the ground, on the story. thanks so much. tracy: well the postal service survived, rain, heat and snow for hundreds of years. now they're hoping to help you survive it too. the usps partnering with a fashion company who will design and produce the clothing line at no cost to the post office, believe it or not. now the usps will receive a small percentage of sales from the clothing company when its mens line is introduced in department and specialty stores. why small?
this is what drives the economy. >> absolutely that is what drives the economy. place like lowe's, home depot, they're selling other commodities other than lumber. their sales can be up by selliig other products which are not related to lumber. >> they're trading those. leave you with the stock board of the home builders. they're trading today, ashley, the headline, which is us whoing starts down. i tell you, i think there is lot more to be optimistic about in there, even though...
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Feb 20, 2013
02/13
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higher prices and optimism about the global economy all helping to push those prices up. >>> china's military says it did not carry out cyber attacks against the united states. the denial comes a day after a virginia cyber security firm released a report about hack k claims by the chinese military. it claims this nonscript building is the home to some of those operations. this is what happened when a cnn camera crew tried to get shots of that building, chased away by security guards. interesting to say the at least. >>> one of the pope's final acts could be changing the rules on succession. a spoerm says he's considering a change in the constitution to allow cardinals to vote for his replacement sooner than march 15th. the pope is stepping down at the end of this month. >>> hard care gamers, sony unveils the play station today. since then the company has been losing market share to competitors, the ps 4 reportedly will stream games online. >>> you have to get ready for another blast of wintry weather. snow and ice are accumulating right now from california to wisconsin. by the time i
higher prices and optimism about the global economy all helping to push those prices up. >>> china's military says it did not carry out cyber attacks against the united states. the denial comes a day after a virginia cyber security firm released a report about hack k claims by the chinese military. it claims this nonscript building is the home to some of those operations. this is what happened when a cnn camera crew tried to get shots of that building, chased away by security guards....
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Feb 20, 2013
02/13
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CNBC
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and the economy's going to be slowing down. the cumulative impact of the payroll tax increase, the income tax increase, higher gasoline prices and sequester cuts is all going to converge and result in a very weak print, i think, for maybe the second quarter gdp. i think the market pulls back a little and maybe once we get beyond some of the political uncertainty, the second half looks better. >> housing's better. the fur or five things you mentioned, do they more than offset the improvement we've seen in the economy? that we have finally seen, that we've waited center. >> i think they will in the short run. i think they will trump them. and we'll pull back. but i think the move in housing is sustainable. i mean, just -- in terms -- >> that's a lot. it covers a -- people feel much better about their job, about everything when they feel like, you know, they're -- what is that? >> you are correct. i'm saying, yes. >> you don't worry -- you're not -- that house you got, and by the way, folks, you can find it on -- >> what is going
and the economy's going to be slowing down. the cumulative impact of the payroll tax increase, the income tax increase, higher gasoline prices and sequester cuts is all going to converge and result in a very weak print, i think, for maybe the second quarter gdp. i think the market pulls back a little and maybe once we get beyond some of the political uncertainty, the second half looks better. >> housing's better. the fur or five things you mentioned, do they more than offset the...
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Feb 20, 2013
02/13
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basically she's cuts could affect our economy and our national security, that is what we're told by the two men on your screen. this is unless lawmakers reach a deal first. so right now the blame game is kicking into high gear in washington. one of the questions is the blame game is happening, what about anything that is going to lead towards compromise? we'll take a closer look at that. plus the disappearance of washington intern chandralevy captured the nation's attention. what court documents are now saying about the man accused of killing her. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. n in washingtonhere is a blame right now over the automatic spending cuts set to go into effect less than two weeks from now. house speaker john boehner in a "wall street journal" editorial writes, president obama invented the sequester saying he came up with the plan for deep cuts to avoid facing america'
basically she's cuts could affect our economy and our national security, that is what we're told by the two men on your screen. this is unless lawmakers reach a deal first. so right now the blame game is kicking into high gear in washington. one of the questions is the blame game is happening, what about anything that is going to lead towards compromise? we'll take a closer look at that. plus the disappearance of washington intern chandralevy captured the nation's attention. what court...
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Feb 20, 2013
02/13
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MSNBC
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sure, let's run up the markets. >> they're looking at the economy and seeing a strong economy. >> and they used to be scared by washington. up next. >> republican's going to be the same think. >> up next, the student loan controversy. business before the bell with brian sullivan. we're going to be right back. none of us would want to be told we can't marry the person we love. that's why a growing majority of americans believe it's time to allow marriage for gay and lesbian couples. laura bush: when couples are committed they ought to have i think the same sort of rights that everyone has. colin powell: allowing them to live together with the protection of law, it seems to me is the way we should be moving in this country. dick cheney: freedom means freedom for everyone. barack obama: our journey is not complete until our gay brothers and sisters are treated like anyone else under the law. it's time for marriage. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activate
sure, let's run up the markets. >> they're looking at the economy and seeing a strong economy. >> and they used to be scared by washington. up next. >> republican's going to be the same think. >> up next, the student loan controversy. business before the bell with brian sullivan. we're going to be right back. none of us would want to be told we can't marry the person we love. that's why a growing majority of americans believe it's time to allow marriage for gay and...
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Feb 20, 2013
02/13
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they will hurt the economy. they will add 100,000 americans to the unemployment rolls this is not abstract. the unemployment rate might tick up again. >> the president criticized republican ideas because they "ask nothing of the wealthiest americans or big corporations." soledad talked with he sign bowles about preventing deep cuts. he will talk about the bill he drew up. >>> massive protests in athens, groes. two unions are holding a general 24-hour strike. protesting something that people in greece have been furious about. a austerity. >>> all right this is a bumper sticker. a tennessee police officer not an ohio state football fan. he accused the buckeye sticker on their bumper with a pot leaf. bonnie and her husband were driving home from a funeral in ohio when they were pulled over. the officer told the woman she needed to scrape the marijuana sticker off her car. after the couple set the officer straight, he let them go without a ticket. >> the stickers that go on all the ohio state buckeye helmets. >> i w
they will hurt the economy. they will add 100,000 americans to the unemployment rolls this is not abstract. the unemployment rate might tick up again. >> the president criticized republican ideas because they "ask nothing of the wealthiest americans or big corporations." soledad talked with he sign bowles about preventing deep cuts. he will talk about the bill he drew up. >>> massive protests in athens, groes. two unions are holding a general 24-hour strike. protesting...
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Feb 20, 2013
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. wr wr skwi wr. >>> joe carter has this morning's bleacher report. good morning. >> for the past five weeks, when a school earns the right to be number one in college basketball, they lose the ranking in the same week because they lose to a lesser opponent. number one indiana and victor olo oladipo to victory. magic johnson, part of the broadcast team, compared oladipo to michael jordan and dwyane wade. for the first time in 22 years, indiana beats michigan state on the road. >>> boy, oh, boy. joe johnson the hero for the brooklyn nets last night. he hit not one, but two shots to help his team win in overtime again. that three-pointer forced overtime and then back to john in overtime. he nails this shot for the ball game. the nets, 5-0 in overtime. nba best 10-0 in overtime last season. >>> a bet a bar bet started this this drummond, wisconsin. makeshift barstools race in the snow. use anything around the house you can find, attach it to a bar school a
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. wr wr skwi wr. >>> joe carter has this morning's bleacher report. good morning. >> for the past five weeks, when a school earns the right to be number one in college basketball, they lose the ranking in the same week because they lose to a lesser opponent. number one indiana and victor olo oladipo to victory. magic johnson, part of the broadcast team,...